Specifications

Specifications include,
but are not limited to: An audit of the CAFR is
required under Generally Accepted Auditing
Standards and the MinimumStandards for Audits of
Oregon Municipal Corporations. The Citys CAFR is
prepared to conformfully with Generally Accepted
Accounting Principles (GAAP) and to be in full
compliance with thepronouncements of the
Governmental Accounting Standards Board (GASB)
and/or the FinancialAccounting Standards Board
(FASB), and, as appropriate, disclosures
required by State regulations.The selected audit
firm shall have conducted an examination of, and
have issued its opinion on thefinancial
statements, including auditors comments and
disclosures required by the MinimumStandards for
Audits of Oregon Municipal Corporations.The
selected audit firm will provide one electronic
version of the audit reports to the City
forinclusion in its published CAFR. The City
will print and assemble its CAFR.